HAMPSHIRE GROUP LTD

HAMPSHIRE GROUP LTD

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Company Overview
Hampshire Group Ltd, through wholly owned subsidiaries, is America’s largest sweater company and a leading designer and marketer of women’s related separates. The company designs and sells men’s and women’s apparel. Its product line ranges from its traditional products for women – classically designed, full-fashioned, fine-gauge, Bluer (acrylic) sweaters with a cashmere look and feel – and novelty sweaters to sweaters for men that cover the entire range of men’s department store offerings.
The company operates through four wholly owned subsidiaries: Hampshire Designers, Inc., which designs and markets sweaters; Item-Eyes, Inc., designs and markets related separates; SB Corporation (doing business as David Brooks), which designs and markets a range of women’s sportswear; and Shane Hunter, Inc., which designs and markets apparel in children, juniors, missy, petite and maternity sizes to mass merchant retailers. In addition, Keynote Services Ltd., Co.’s Hong Kong-based subsidiary assists with the sourcing and quality control needs of its Hampshire Designers and Item-Eyes subsidiaries.
Hampshire Group’s products, both branded and private label, are marketed in the moderate and better markets through multiple channels of distribution, including national and regional department stores, mass market retailers and specialty stores.
Business Summary
Hampshire Group, Limited (Hampshire) is a provider of women’s and men’s sweaters, wovens and knits, and is a designer and marketer of branded apparel in the United States. The Company operates through its wholly owned subsidiaries, including Hampshire Designers, Inc. and Item-Eyes, Inc. Hampshire operates in two divisions: Women’s and Men’s. The Women’s division is comprised of both the women’s knitwear business, known as Hampshire Designers, and the women’s related sportswear business, known as Item Eyes. The men’s division, known as Hampshire Brands, offers both sweaters and sportswear. The products, both branded and private label, are marketed in the moderate markets through multiple channels of distribution, including national and regional department and chain stores.
Description and history
Hampshire Group, Limited (Hampshire) is a provider of women’s and men’s sweaters, wovens and knits, and is a designer and marketer of branded apparel in the United States. The Company operates through its wholly owned subsidiaries, including Hampshire Designers, Inc. and Item-Eyes, Inc. Hampshire operates in two divisions: Women’s and Men’s. The Women’s division is comprised of both the women’s knitwear business, known as Hampshire Designers, and the women’s related sportswear business, known as Item Eyes. The men’s division, known as Hampshire Brands, offers both sweaters and sportswear. The products, both branded and private label, are marketed in the moderate markets through multiple channels of distribution, including national and regional department and chain stores.

Hampshire Designers offers sweaters and knit tops for women under the brands Designers Originals, Hampshire Studio, Mercer Street Studio, and Spring+Mercer, as well as the private labels. Item-Eyes markets women’s related sportswear, including jackets, sweaters, pants, skirts, and soft dressing, for the moderate market under labels, such as Requirements, and RQT by Requirements, as well as the private labels of the customers. For men, Hampshire offer sweaters under the licensed names of Geoffrey Beene and Dockers, as well as the private labels of the customers. During the year ended December 31, 2009, the Company in an agreement with J. C. Penney Company, Inc. launched a sportswear line under the JOE Joseph Abboud label, which includes sweaters, knits, woven tops, blazers, and a range of men’s bottoms, as well as a tops line under the licensed Alexander Julian Colours label, which includes sweaters, knits and woven tops.

Business Line
Designs and sells men’s and women’s apparel
Subsidiary
ITEM EYES, INC.
Advisor
DELOITTE & TOUCHE LLP
IPO date
6/1992
US SIC Code
2253
Company Address
1924, Pearman Dairy Road

City province or state postal code
29625, ANDERSON, SC
Phone: +1 864 231 1200
Fax: +1 864 231 1201
Country address: UNITED STATES OF AMERICA
Website url: www.hamp.com